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SEC adopts new short selling rule to bolster transparency for market participants

The TRADE

The US Securities and Exchange Commission (SEC) has adopted a new rule to bolster transparency to market participants through increased public availability of short sale related data. According to the SEC, this new data will supplement the short sale data that is currently publicly available. “In

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FINBOURNE Technology raises £55 million in Series B funding round

The TRADE

The move follows a Series A finding round of £15 million in 2021, with this latest investment set to fund the firm’s commercial development, including expanding its sales, product and marketing capabilities in the US, UK, Ireland, Singapore and Australia.

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People Moves Monday: UBS, MEAG, Northern Trust Asset Management and more…

The TRADE

UBS appointed Carlos Salcedo head of capital markets financing sales Americas, according to an internal memo seen by The TRADE. Effective from 1 September, Salcedo will be based in New York, reporting to Dan Murphy, Americas head of franchise sales. MEAG appointed Lydia Malakis head of institutional sales at MEAG.

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People Moves Monday: Redburn Atlantic, LGIM, DWS and more…

The TRADE

Redburn Atlantic has expanded its UK and European execution business with two new heads of sales trading. Tony Atkins was appointed UK head of sales trading. Atkins joined Redburn Atlantic in 2004 as a sales trader having previously served for eight years at Morgan Grenfell and two years at Marathon Asset Management.

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People Moves Monday: Nomura, JP Morgan Chase, and Liquidnet

The TRADE

As part of the role, Ameni will be responsible for building out Nomura’s flow credit trading and sales teams in the CEEMEA region, initially focusing on markets in Middle East and North Africa (MENA). Russo was promoted to the role having served as a senior associate at the firm since October 2021. JP Morgan Chase & Co.

Trading 69
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People Moves Monday: Morgan Stanley IM, Citi, State Street and more…

The TRADE

Head of London equity trading at Morgan Stanley Investment Management, Mark Perry, has retired The TRADE revealed. Citi named Jamie Miller head of electronic equity sales trading for the EMEA region. He has subsequently continued to rise through the ranks, landing his first vice president role in 2021. Rowe Price.

Trading 64
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Murti Moves to Freshfields From Cravath

The Deal

Zoubek moved to Freshfields in 2021. billion sale of its commercial security, fire and life safety business unit to GTCR LLC as well as Consolidated Communications Holdings Inc. on its sale to an investor group that included Searchlight Capital Partners LP and British Columbia Investment Management Corp.

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